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The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $17, 500 cash in the company in exchange for common stock. b. The
The transactions of Spade Company appear below. a. Kacy Spade, owner, invested $17, 500 cash in the company in exchange for common stock. b. The company purchased office supplies for $508 cash. c. The company purchased $9, 678 of office equipment on credit. d. The company received $2, 065 cash as fees for services provided to a customer. e. The company paid $9, 678 cash to settle the payable for the office equipment purchased in transaction c. f. The company billed a customer $3, 710 as fees for services provided. g. The company paid $520 cash for the monthly rent. h. The company collected $1, 558 cash as partial payment for the account receivable created in transaction f. i. The company paid $900 cash in dividends to the owner (sole shareholder). Prepare the Trial Balance
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